The week being reported, the fourth week in January is historically the coldest week of the year in the United States. (actually the Northern Hemisphere but let's be Americentric for a while)
The front futures are down 7 cents at $3.27, here's the five-minute chart from FinViz:
From the EIA:
Weekly Natural Gas Storage Report
for week ending January 25, 2013. | Released: January 31, 2013 at 10:30 a.m. | Next Release: February 7, 2013
| Working gas in underground storage, lower 48 states Summary text CSV JSN | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Historical Comparisons | |||||||||||||||
| Stocks billion cubic feet (Bcf) |
Year ago (01/25/12) |
5-Year average (2008-2012) |
|||||||||||||
| Region | 01/25/13 | 01/18/13 | change | (Bcf) | % change | (Bcf) | % change | ||||||||
| East | 1,391 | 1,520 | -129 | 1,500 | -7.3 | 1,289 | 7.9 | ||||||||
| West | 398 | 416 | -18 | 399 | -0.3 | 349 | 14.0 | ||||||||
| Producing | 1,013 | 1,060 | -47 | 1,105 | -8.3 | 860 | 17.8 | ||||||||
| Salt | 244 | 260 | -16 | 256 | -4.7 | 132 | 84.8 | ||||||||
| Nonsalt | 769 | 800 | -31 | 850 | -9.5 | 728 | 5.6 | ||||||||
| Total | 2,802 | 2,996 | -194 | 3,004 | -6.7 | 2,498 | 12.2 | ||||||||
